^Bunker Bob
^Bunker Bob
Sally Vix wrote:
Ghost of Igloi wrote:
At least Bummbell didn’t go in the bunker the previous three days like crazies Detector Dude and Sally. One a certified psycho, and the other gender confused. Perhaps their therapists had them on lock down with the NASDAQ down -10%. Meds weren’t enough. Straight jackets were necessary. Rumor has it they both bought TSLA at the top.
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Actually I never bought any Tesla. I was tempted to buy some CDs with your continual touting of them but thought otherwise and am happy I did. I did buy a lot of mutual funds and stock back when the Dow was at 18,500 and lookie now! It is up to 28,000. And the S & P and Nasdaq have done tremendously as well since their lows 5 months ago. I guess you and your clients missed bad on that resurgence of the market.
Oh, and Igy. In 2019 CDs had a real rate of return of NEGATIVE 0.49% while the S & P had a REAL rate of return (even considering inflation) of 28.55%. Would you and your clients rather have NEGATIVE 0.49% or 28.55%?
https://www.putnam.com/literature/pdf/II514-bee9d3d363e6964080e2056af9538b4a.pdfJust to add one more thing, I have to give props to CDs for their consistency ... consistently bad.
Bunker Bob, you said Covid 19 was nothing, and 5 million have been infected and 200,000 have died. Boy are you stupid.
Hey where is Dow 30,000 you promised by August.
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Ghost of Igloi wrote:
Bunker Bob, you said Covid 19 was nothing, and 5 million have been infected and 200,000 have died. Boy are you stupid.
Hey where is Dow 30,000 you promised by August.
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It was 29,000 at the end of August. At March 18 or so when the Dow was at 18,500 I predicted 30,000. It made it all the way from 18,500 to 29,000. My prediction was not perfect but pretty close. What was your prediction for it? 11,000?
Ghost of Igloi wrote:
Bunker Bob, you said Covid 19 was nothing, and 5 million have been infected and 200,000 have died. Boy are you stupid.
Hey where is Dow 30,000 you promised by August.
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191,000 have died but 94% of those had underlying conditions. Only 6% of the deaths were solely due to CoVid.
Dow Jones since 1/26/2018 like a CD, but with much higher risk adjusted return.
Poor gender confused, and investment confused Sally Vix (Bunker Bob).?♀️
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Opps, much lower risk adjusted return, i.e. volatility....
Sally Vix wrote:
Ghost of Igloi wrote:
Bunker Bob, you said Covid 19 was nothing, and 5 million have been infected and 200,000 have died. Boy are you stupid.
Hey where is Dow 30,000 you promised by August.
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191,000 have died but 94% of those had underlying conditions. Only 6% of the deaths were solely due to CoVid.
USA Total: 6,549,475 Infected 195,239 Deaths
Ghost of Igloi wrote:
Dow Jones since 1/26/2018 like a CD, but with much higher risk adjusted return.
Poor gender confused, and investment confused Sally Vix (Bunker Bob).?♀️
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Not sure why you picked that specific date (actually we all know why) but since the beginning of 2018 the S & P has a real rate of return of about a positive 23% and the CDs return is about 0.5%.
Sally Vix wrote:
Ghost of Igloi wrote:
Dow Jones since 1/26/2018 like a CD, but with much higher risk adjusted return.
Poor gender confused, and investment confused Sally Vix (Bunker Bob).?♀️
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Not sure why you picked that specific date (actually we all know why) but since the beginning of 2018 the S & P has a real rate of return of about a positive 23% and the CDs return is about 0.5%.
But what about Dow 30,000 and Covid @9?
You lied, and people died!
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Ghost of Igloi wrote:
Sally Vix wrote:
Not sure why you picked that specific date (actually we all know why) but since the beginning of 2018 the S & P has a real rate of return of about a positive 23% and the CDs return is about 0.5%.
But what about Dow 30,000 and Covid @9?
You lied, and people died!
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My predictions for the Dow being 30,000 was almost spot on. I was a little off. I didn't lie. It was a prediction. You predicted maybe 11,000 for it. So I was 1,000 off and you were perhaps 18,000 off.
As far as the Covid - Yes it was worse than I expected. It was an expectation on my part. I did not promise how it would be. And again, only 6% of the deaths are solely due to the Covid. If Nostradomus predicted something and it was not entirely how he predicted but 98% accurate - he was just slightly off - he didn't lie. He just didn't nail it 100%.
Sally Vix wrote:
Bummbull wrote:
You’re too funny. Remember that I am holding plenty of bonds in my portfolio. Also, what’s going to be funny with you bookmarking is when the market spirals down sometime in the future, that’s when you’ll feel victorious. Then, realize few years later when market is way up again, I would have utilized my bonds when market was low and be just fine. Just like I was fine at end of March.
It’ll be the same story as what happened in March where you’ll be bragging about your CD performance outperforming S&P for the past five years. Then, just less than 6 months later, you will be significantly lagging.
So yes, just make sure to bookmark and await for the collapse in the market. Then you will feel like a winner, then realize few years later, you’ll be screaming sky is falling while everyone else who have kept investing and utilized the magic of asset allocation comes out prosperous.
Enjoy your CD performance! I hope you get at least 1% return!
He is unlikely to get a 1% real rate of return on his CDs. Over the last decade CDs have provided negative real rates of return in 9 or the last 10 years. Think about that. 9 of the last 10 years CDs (Igy's favorite) have real rates of return in the negative sphere.
As far as owning bonds, not sure why you are doing that. You are missing out on a lot. I can understand if you are older but I think you might be relatively young. Peter Lynch, the legendary former head of the Fidelity Magellan fund, had annual returns of 29.2% during the 13 years he ran the fund. He was perhaps the biggest proponent of shying away from bonds and only going with equities. Over the long haul, and I mean the long haul, you are losing out about 7% annually owning bonds instead of equities. And I am not saying you only are owning bonds but just owning any bonds if you are a younger guy is hurting you.
Yea, in theory, going all equity will yield a lot more return than holding any bond. But I am like a lot of people where when the market tanks, it is nerve-racking and I rather be in a position to rebalance and buy equity at falling prices instead of seeing my entire portfolio fall and not have any money to buy. It keeps me from buying low and selling high. My portfolio is close to $1M at age 37 so I’m doing alright.
How big is your portfolio and how old are you? It depends on size of your portfolio where if you hold all equity where it can be feel devastating during a downturn. Also, I hold some volatile equity where having bond keeps me at peace.
One more thing, I’m fine with holding bonds as I think I can realistically get to $5M by around age 50 give or take few years.
At least you’re one of a kind.
Good night.
Igy
Sally Vix wrote:
Whodunit wrote:
You guys always make these claims after the fact.
You will retract if Tesla comes back strong -- probably claiming you bought in again at its low point
Ain't this the truth. How about revealing your predictions before they occur? Please don't say you made a boatload getting out of your short positions AFTER the stock has fallen dramatically. Tell us what you are shorting and what you plan to do and WHEN you plan to get out of your position. No more after-the-fact stuff. Tell us your intentions prior to your actions.
I don’t predict of something happening at certain times. I buy when low and sell when it gets to be higher price to rebalance my portfolio. I had no idea that TSLA was going to rise so quickly. When it started to get significant portion of my portfolio, I started selling as I like to rebalance.
You made a good prediction in regards to the market recovering but it’s not like you did anything with it. You just buy and hold, and just invest monthly with your paycheck. Nothing wrong with that and it’s great. But for you to be bragging about your correct prediction but didn’t really take advantage of it, it kinda sucks.
I made no prediction but took advantage of the situation so can’t complain with my portfolio.
Bummbull wrote:
Sally Vix wrote:
Ain't this the truth. How about revealing your predictions before they occur? Please don't say you made a boatload getting out of your short positions AFTER the stock has fallen dramatically. Tell us what you are shorting and what you plan to do and WHEN you plan to get out of your position. No more after-the-fact stuff. Tell us your intentions prior to your actions.
I don’t predict of something happening at certain times. I buy when low and sell when it gets to be higher price to rebalance my portfolio. I had no idea that TSLA was going to rise so quickly. When it started to get significant portion of my portfolio, I started selling as I like to rebalance.
You made a good prediction in regards to the market recovering but it’s not like you did anything with it. You just buy and hold, and just invest monthly with your paycheck. Nothing wrong with that and it’s great. But for you to be bragging about your correct prediction but didn’t really take advantage of it, it kinda sucks.
I made no prediction but took advantage of the situation so can’t complain with my portfolio.
So what are the %s for TMF and BND in your Bond Portfolio?
Tesla already around 17% higher than its low this week.
So much money flowing into tech shares. Amazing stuff.
agip wrote:
Tesla already around 17% higher than its low this week.
So much money flowing into tech shares. Amazing stuff.
And it's still down over 25% from it's high.
No wonder it got snubbed from the SP500
TSLA high bull target $420, ah, I really mean 4:20. Come on man.